IN BRIEF: Satsuma Technology names Andrew Smith as new CFO

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Satsuma Technology PLC - London-based company focused on convergence of bitcoin treasury strategy and decentralised AI - Appoints Andrew Smith as chief financial officer, effective November 1. Notes Smith’s prior experience as CFO of FTSE 250-listed technology company Playtech PLC, a position he held from 2017 until 2022.

‘I am thrilled to welcome Andy to the Satsuma board. Building the UK’s premier institutional bitcoin treasury requires leadership with an impeccable track record in the public markets...He shares my belief in London’s potential to create a global leader in bitcoin innovation, and his appointment is a significant step towards realising that goal,’ says Chief Executive Officer Henry Elder.

Current stock price: 1.01 pence, down 1.9% on Tuesday afternoon in London.

12-month change: up 60%

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